Guaranteed Student Loan Program, Commissioner of Higher Education Financial Audit for the Fiscal Year Ended .. 1999
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In our eReader you can find the full English version of the book. Read Guaranteed Student Loan Program, Commissioner of Higher Education Financial Audit for the Fiscal Year Ended .. 1999 Online - link to read the book on full screen. Our eReader also allows you to upload and read Pdf, Txt, ePub and fb2 books. In the Mini eReder on the page below you can quickly view all pages of the book - Read Book Guaranteed Student Loan Program, Commissioner of Higher Education Financial Audit for the Fiscal Year Ended .. 1999
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Beginning October 1, 1998, the Higher Education Amendments of 1998 authorize guaranty agencies to deposit an amount equal to 24% of the payments made by or on behalf of a defaulted borrower into its Agency Operating Fund. Beginning October 1 , 2003, the amount will be reduced to 23%. In addition, the Secretary provides the agency with collection costs amounting to 18.5% of the outstanding balance of any defaulted loan held by the agency which is consolidated by the borrower into a Federal Direc...t Consolidation Loan through either Federal Family Education Loan Program (FFELP) consolidation or Federal Direct Student Loan (FDSLP) consolidation. During fiscal year 1999 MGSLP retained $2,543,328 in collection costs from loan recoveries and direct loan consolidations.
12. SUPPLEMENTAL PRECLAIMS ASSISTANCE Supplemental Preclaims Assistance (SPA) is a default prevention measure provided by MGSLP to borrowers that are between 120 and 270 days delinquent on their student loan payments. Delinquent borrowers are contacted to advise them of options available to bring their delinquent accounts current.
What to read after Guaranteed Student Loan Program, Commissioner of Higher Education Financial Audit for the Fiscal Year Ended .. 1999?
You can find similar books in the "Read Also" column, or choose other free books by Montana. Legislature. Legislative Audit Division to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
Beginning October 1, 1998, the Higher Education Amendments of 1998 authorize guaranty agencies to deposit an amount equal to 24% of the payments made by or on behalf of a defaulted borrower into its Agency Operating Fund. Beginning October 1 , 2003, the amount will be reduced to 23%. In addition, the Secretary provides the agency with collection costs amounting to 18.5% of the outstanding balance of any defaulted loan held by the agency which is consolidated by the borrower into a Federal Direc...t Consolidation Loan through either Federal Family Education Loan Program (FFELP) consolidation or Federal Direct Student Loan (FDSLP) consolidation. During fiscal year 1999 MGSLP retained $2,543,328 in collection costs from loan recoveries and direct loan consolidations.
12. SUPPLEMENTAL PRECLAIMS ASSISTANCE Supplemental Preclaims Assistance (SPA) is a default prevention measure provided by MGSLP to borrowers that are between 120 and 270 days delinquent on their student loan payments. Delinquent borrowers are contacted to advise them of options available to bring their delinquent accounts current.
What to read after Guaranteed Student Loan Program, Commissioner of Higher Education Financial Audit for the Fiscal Year Ended .. 1999?
You can find similar books in the "Read Also" column, or choose other free books by Montana. Legislature. Legislative Audit Division to read onlineMoreLess
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